Latest Report Update: Jul 19, 2021

Luxembourg - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Luxembourg: Leather Apparel Market Overview 2021

Leather Apparel Market Size in Luxembourg

The Luxembourg leather apparel market declined markedly to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a noticeable decline. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2011 to 2020, the growth of the market remained at a somewhat lower figure.

Leather Apparel Exports

Exports from Luxembourg

After two years of decline, overseas shipments of apparel of leather or of composition leather increased by X% to X units in 2020. In general, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. As a result, exports attained the peak of X units. From 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, leather apparel exports shrank to $X in 2020. Overall, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X units), Belgium (X units) and France (X units) were the main destinations of leather apparel exports from Luxembourg, together comprising X% of total exports. These countries were followed by Spain, Italy, Portugal and the Netherlands, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for leather apparel exported from Luxembourg were France ($X), Germany ($X) and Belgium ($X), together accounting for X% of total exports. Italy, Portugal, the Netherlands and Spain lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Portugal saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average leather apparel export price amounted to $X per unit, falling by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The export price peaked at $X per unit in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Leather Apparel Imports

Imports into Luxembourg

In 2020, approx. X units of apparel of leather or of composition leather were imported into Luxembourg; which is down by -X% against 2019 figures. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of X units. From 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, leather apparel imports fell dramatically to $X in 2020. In general, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

Turkey (X units), Belgium (X units) and Spain (X units) were the main suppliers of leather apparel imports to Luxembourg, together accounting for X% of total imports. Germany, France, India, Italy and Pakistan lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in India (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest leather apparel suppliers to Luxembourg were Italy ($X), France ($X) and Turkey ($X), with a combined X% share of total imports. Germany, India, Spain, Belgium and Pakistan lagged somewhat behind, together comprising a further X the main suppliers, India (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average leather apparel import price amounted to $X per unit, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apparel of leather or of composition leather in the world?
+
China (115M units) remains the largest leather apparel consuming country worldwide, accounting for 54% of total volume. Moreover, leather apparel consumption in China exceeded the figures recorded by the second-largest consumer, India (9.9M units), more than tenfold. The U.S. (8.8M units) ranked third in terms of total consumption with a 4.1% share.
What are the largest producers of apparel of leather or of composition leather in the world?
+
The country with the largest volume of leather apparel production was China (118M units), comprising approx. 54% of total volume. Moreover, leather apparel production in China exceeded the figures recorded by the second-largest producer, India (15M units), eightfold. Pakistan (9.3M units) ranked third in terms of total production with a 4.3% share.
What are the leading suppliers of apparel of leather or of composition leather to Luxembourg?
+
In value terms, the largest leather apparel suppliers to Luxembourg were Italy ($343K), France ($335K) and Turkey ($322K), together comprising 43% of total imports. Germany, India, Spain, Belgium and Pakistan lagged somewhat behind, together accounting for a further 42%.
What are the leading importers of apparel of leather or of composition leather from Luxembourg?
+
In value terms, the largest markets for leather apparel exported from Luxembourg were France ($66K), Germany ($49K) and Belgium ($43K), together comprising 74% of total exports. Italy, Portugal, the Netherlands and Spain lagged somewhat behind, together comprising a further 20%.
What is the average export price for apparel of leather or of composition leather in Luxembourg?
+
The average leather apparel export price stood at $131 per unit in 2020, waning by -8.2% against the previous year.
What is the average import price for apparel of leather or of composition leather in Luxembourg?
+
In 2020, the average leather apparel import price amounted to $127 per unit, picking up by 6.3% against the previous year.

Product coverage:
• Prodcom 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)

This report provides an in-depth analysis of the leather apparel market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Luxembourg

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Luxembourg
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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